NOT LISTED FOR SALE

221 Main St Park City, UT 84060

Estimated Value: $4,122,000 - $4,903,000

4 Beds
5 Baths
5,549 Sq Ft
$807/Sq Ft Est. Value

Last Sold April 24, 2015

Current estimated payment $27,283/month

312 Days on Market

Highlights

  • Views of Ski Resort
  • Deck
  • Vaulted Ceiling
  • McPolin Elementary School Rated A
  • Property is near public transit
  • Marble Flooring

About This Home

As of April 2015

Walk out your front door and enjoy all that Park City's Main Street has to offer. The historic Imperial Hotel, completely transformed into a 4 bedroom, 5 bathroom single family home is now yours to own! Fully furnished by renowned design group Alder and Tweed, this unique home boasts top grade finishes, a gourmet chef's kitchen, designer lighting, full home audio and custom art shelved closets. Large windows provide for abundant light and custom paint throughout creates a one-of-a-kind residence. The price includes 2,000 sq ft of commercial space on the lower 2 levels ideal as home office or small business for the owner of the property. Enjoy over 100 restaurants, spas, art galleries, theatre, the Sundance Film Festival, and hundreds of miles of trails for biking, hiking, horseback riding or skiing, all within walking distance. Take advantage of this unique opportunity to own an exceptional, fully furnished turnkey never lived in private home located in town.

Last Listed By

Paul Benson

Engel & Volkers Park City Brokerage Phone: 435-640-7441 License #5757781-SA00 Listed on: 10/20/2014

Engel & Volkers Park City

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,323

Year Built

  • Built in 1904 | Remodeled in 2012

Lot Details

  • 2,614 Sq Ft Lot
  • Corner Lot
  • Historic Home

Property Views

  • Ski Resort
  • Mountain
  • Valley

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Aluminum Siding
  • Stone Siding
  • Stone

Interior Spaces

  • 5,549 Sq Ft Home
  • Central Vacuum
  • Furnished
  • Sound System
  • Vaulted Ceiling
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Great Room
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Brick
  • Radiant Floor
  • Stone
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 5 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Washer

Home Security

  • Prewired Security
  • Fire and Smoke Detector

Parking

  • No Garage
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck

Location

  • Property is near public transit
  • Property is near a bus stop

Utilities

  • Heating Available
  • Natural Gas Connected
  • Electric Water Heater
  • Water Softener is Owned
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number PC-193

Community Details

Overview

  • No Home Owners Association
  • Park City Survey Subdivision

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,323

Year Built

Built in 1904 | Remodeled in 2012

Lot Details

0

Listing Details

  • MainLevelTotalsBedroom: 1
  • MainLevelTotalsDiningRoom: 1
  • MainLevelTotalsFullBaths: 2
  • MainLevelTotalsGreatRoom: 1
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Property Sub Type: Detached
  • Lot Size Acres: 0.06
  • Subdivision Name: Park City Survey
  • Architectural Style: Historical
  • New Construction: No
  • Year Built: 1904
  • ResoBuildingAreaSource: Plans
  • Attribution Contact: 435-640-7441
  • Contract Info:Short Sale: No
  • Contract Info:BankLender Owned: No
  • Property Info:Tax ID: PC-193
  • Property Info:Apx Taxes: 9323.4
  • Property Info:Tax Year2: 2013
  • Property Info:Access: Year Round
  • Views:Mountain(s): Yes
  • Utilities:Cable Available: Yes
  • Utilities:High Speed Internet Available: Yes
  • Utilities:Phone Available: Yes
  • Sewage:Public Sewer: Yes
  • Recreation Access:HikeBike Trail - Adjoining Property: Yes
  • Views:Ski Area: Yes
  • Views:Valley: Yes
  • Water:Public2: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities:Natural Gas Connected: Yes
  • Property Info:Construction New: No
  • Property Info:Total Fireplaces: 2
  • Size of HouseLot:Apx SqFt Finished: 5549.0
  • Size of HouseLot:Apx Acres2: 0.06
  • Exterior:Stone: Yes
  • Roof:Shingle: Yes
  • Equipment:Smoke Alarm: Yes
  • Equipment:Water Softener - Owned: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Flooring:Wood2: Yes
  • Dining Area:Eat-in Kitchen: Yes
  • Dining Area:Semi-Formal Dining: Yes
  • Room Totals:Fireplace8: 2
  • Main Level Totals:Fireplace2: 1
  • Equipment:Audio System: Yes
  • Washers: Yes
  • Dining Area:Breakfast Bar: Yes
  • Room Totals:Dining Room7: 1
  • Room Totals:Great Room7: 1
  • Size of HouseLot:Apx Lot Size (SqFt)2: 2614.0
  • Property Description:On Bus Route: Yes
  • Style:Historical: Yes
  • Equipment:Water Heater - Electric: Yes
  • Flooring:Stone2: Yes
  • Other Park Type:Off Street - Unassigned: Yes
  • Property Info:Apx Year Remodeled: 2012
  • Exterior:Aluminum Siding: Yes
  • Equipment:Security System - Prewired: Yes
  • Equipment:Central Vacuum: Yes
  • Flooring:Brick2: Yes
  • Flooring:Marble: Yes
  • Upper Level 2 Totals:Full Baths4: 3
  • Property Description:Corner Lot: Yes
  • Foundation:Slab: Yes
  • Main Level Totals:Laundry2: 1
  • Room Totals:Laundry8: 1
  • Special Features: VirtualTour
  • Year Renovated: 2012

Interior Features

  • Appliances: Dishwasher, Disposal, Double Oven, Gas Range, Microwave, Refrigerator, Washer
  • Flooring: Brick, Marble, Stone, Wood
  • Interior Amenities: Furnished - Fully, Jetted Bath Tub(s), Pantry, Vaulted Ceiling(s), Breakfast Bar
  • Other Equipment: Audio System, Central Vacuum, Fire Pressure System, Security System - Prewired, Smoke Alarm, Water Heater - Electric, Water Softener - Owned
  • Full Bathrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: Gas Starter, Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:Furnished - Fully: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Fireplaces:Gas Starter: Yes
  • Interior Features:Jetted Bath Tub(s): Yes
  • Number of Fireplaces Woodburning: Yes
  • Appliances:Double Oven: Yes
  • Appliances:Gas Dryer Hookup: Yes

Exterior Features

  • Exterior Features: Balcony, Deck(s)
  • Roof: Shingle
  • Lot Features: Corner Lot, On Bus Route
  • View: Mountain(s), Ski Area, Valley
  • Construction Type: Aluminum Siding, Stone
  • Foundation Details: Slab
  • Exterior Features:Deck(s): Yes
  • Exterior Features:Balcony: Yes
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage
  • Garage Type:None14: Yes

Utilities

  • Heating: Radiant Floor
  • Utilities: Cable Available, Electricity Connected, High Speed Internet Available, Natural Gas Connected, Phone Available
  • Laundry Features: Gas Dryer Hookup
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Radiant Floor: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • AssociationOccupant:HOA Dues: No
  • AssociationOccupant:Currently Occupied: Call Listing Agent

Lot Info

  • Lot Size Sq Ft: 2614.0
  • Parcel #: PC-193
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 9323.4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2021
Sold by
Riverhorse Ventures Llc
Bought by
Cwpcmain Llc
Total Days on Market
312
Current Estimated Value
$4,479,949

Purchase Details

Listed on
Oct 20, 2014
Closed on
Apr 23, 2015
Sold by
Westlake Land Llc
Bought by
Rivershorse Ventures Llc
Seller's Agent
Paul Benson
Engel & Volkers Park City
Buyer's Agent
Paul Benson
Prudential Utah RE - SV
List Price
$4,295,000
Sold Price
$3,912,000
Premium/Discount to List
-$383,000
-8.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.36%
Original Mortgage
$3,530,000
Interest Rate
3.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 21, 2012
Closed on
Jul 2, 2013
Sold by
Imperial Hotel Resort Group Llc
Bought by
Westlake Land Llc
Seller's Agent
Paul Benson
Summit Sotheby's Realty
Buyer's Agent
Non-Member Non-Members
Coldwell Banker Realty
List Price
$3,995,000
Sold Price
$3,795,250
Premium/Discount to List
-$199,750
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.69%

Purchase Details

Closed on
Jun 2, 2011
Sold by
221 Main Street Llc
Bought by
Imperial Hotel Resort Group Llc

Purchase Details

Closed on
Feb 28, 2007
Sold by
Park City Municipal Corp
Bought by
221 Main St Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,310,000
Interest Rate
6.21%
Mortgage Type
Commercial

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cwpcmain Llc -- Metro National Title
Rivershorse Ventures Llc -- Us Title
Westlake Land Llc -- Park City Title Co
Imperial Hotel Resort Group Llc -- None Available
221 Main St Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rivershorse Ventures Llc $3,530,000
Previous Owner 221 Main St Llc $2,310,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2015 04/24/15 Sold -- -- --
03/18/2015 03/18/15 Pending -- -- --
05/09/2014 05/09/14 For Sale $4,295,000 +7.5% $774 / Sq Ft
07/03/2013 07/03/13 Sold -- -- --
06/26/2013 06/26/13 Pending -- -- --
11/21/2012 11/21/12 For Sale $3,995,000 -- $720 / Sq Ft
Source: Park City Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $27,913 $4,950,856 $784,200 $4,166,656
2022 $30,921 $4,694,211 $784,200 $3,910,011
2021 $26,493 $3,476,715 $783,900 $2,692,815
2020 $9,869 $1,220,000 $392,100 $827,900
2019 $10,043 $1,220,000 $392,100 $827,900
2018 $10,043 $1,220,000 $392,100 $827,900
2017 $9,540 $1,220,000 $392,100 $827,900
2016 $8,235 $1,025,000 $392,100 $632,900
2015 $8,692 $1,025,000 $0 $0
2013 $9,323 $1,025,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Park City Board of REALTORS®

MLS Number: 11401524

Park City Board of REALTORS®

APN: PC-193